12 listed cos to hold AGM by Mar 30

FE Report

Some 12 listed companies, including three banks, will hold their annual general meeting (AGM) during the period of March 21 to March 30 for approving their declared dividends and other relevant issues.

Of those companies, nine will hold their AGM on March 30 at different venues, according to information available with the Dhaka Stock Exchange (DSE).

Standard Insurance, which recommended no dividend for the year ended on December 31, 2016 will hold its AGM on March 21.

Bangladesh Shipping Corporation (BSC) recommended 12 per cent stock dividend for the year ended on June 30, 2016 and the company will hold its AGM on March 22.

RAK Ceramics will hold its AGM on March 29. The company earlier recommended 5.0 per cent bonus and 20 per cent cash dividend for the year ended on December 31, 2016.

Green Delta Insurance recommended 20 per cent cash dividend for the year ended on December 31, 2016. The company's AGM will be held on March 30.

LankaBangla Finance recommended 15 per cent cash dividend and 15 per cent bonus dividend for the year ended on December 31, 2016. The company will hold its AGM on March 30.

Prime Finance and Investment will hold its AGM on March 30. The company has recommended no dividend for the year ended on December 31, 2016.

Meanwhile, two other listed companies - Prime Insurance and IDLC Finance - recommended 13 per cent cash dividend and 30 per cent cash dividend respectively and both the companies will hold their AGMs on March 30.

Social Islami Bank and Dutch Bangla Bank recommended 20 per cent cash dividend and 30 per cent cash dividend respectively for the year ended on December 31, 2016. Both the companies will hold their AGMs on March 30.

RN Spinning Mills will hold their AGM on March 30 and the company recommended 20 per cent bonus dividend for the year ended on June 30, 2016.

Another listed company Mercantile Bank recommended 5.0 per cent bonus and 15 per cent cash dividend for the ended on December 31, 2016. The company will hold its AGM on March 30.

Editor : A.H.M Moazzem Hossain

Published by the Editor for International Publications Limited from Tropicana Tower (4th floor), 45, Topkhana Road, GPO Box : 2526 Dhaka- 1000 and printed by him from City Publishing House Ltd., 1 RK Mission Road, Dhaka-1000.